從就職典禮高到90％的損失

自令牌啟動以來，特朗普官方（特朗普）紀念物的投資者估計損失了約20億美元

Investors in the Official Trump (TRUMP) memecoin have collectively lost an estimated $2 billion since the token’s launch three months ago, as the politically-themed cryptocurrency has plummeted over 88% from its peak. The losses come as the token faces one of the most significant supply increases in memecoin history, with 40 million new coins entering circulation on Wednesday following the end of a three-cliff period, according to CoinDesk.

自代幣發射以來，特朗普官方（特朗普）官方Memecoin的投資者估計損失了約20億美元，因為以政治為主題的加密貨幣從其頂峰起就暴跌了88％以上。據科德斯克（Coindesk）稱，損失是因為令牌面臨成員歷史上最顯著的供應量增加之一，在三克利夫時期結束後，週三，有4000萬個新硬幣進入流通。

The substantial losses highlight the extreme volatility and risks associated with presidential-themed memecoins, which have created unprecedented challenges for traders attempting to navigate the intersection of cryptocurrency markets and political events. Despite the overall negative trend, the token has shown surprising resilience in the last 24 hours, gaining approximately 9% in value despite the massive token unlock.

巨大的損失凸顯了與以總統為主題的成年人相關的極端波動和風險，這些因素對試圖導航加密貨幣市場與政治事件的交易者的交易者構成了前所未有的挑戰。儘管總體負面趨勢，但令牌在過去24小時內表現出令人驚訝的彈性，儘管令牌已大量解鎖，但價值約為9％。

From Inauguration Highs to 90% Losses

從就職典禮高到90％的損失

TRUMP coin debuted with tremendous enthusiasm on President Trump’s inauguration day, reaching a staggering $13 billion market capitalization. However, the token has since experienced a catastrophic 90% devaluation, according to DailyCoin, with prices falling from over $71 in January to around $8.40 on Wednesday.

特朗普硬幣在特朗普總統就職日以極大的熱情首次亮相，達到了驚人的130億美元市值。但是，根據《每日賽》（DailyCoin）的說法，該令牌從那以後經歷了90％的災難性貶值，價格從一月份的71美元下降到週三的8.40美元左右。

The dramatic collapse has primarily affected retail investors, who make up the majority of TRUMP holders. On-chain data reveals there are approximately 636,000 TRUMP token holders, but only 12,285 wallets contain more than $1,000 worth of the cryptocurrency. This distribution pattern suggests that losses are concentrated among smaller investors rather than large institutional players.

戲劇性的崩潰主要影響了零售投資者，這些投資者構成了大多數特朗普持有人。鏈上的數據顯示，大約有636,000個特朗普令牌持有人，但只有12,285個錢包包含價值超過1,000美元的加密貨幣。這種分配模式表明，損失集中在較小的投資者而不是大型機構參與者中。

The price decline has been attributed to several factors, including the token’s inflationary tokenomics, weak market structure, and diminishing speculative interest following the initial launch hype. The lack of fundamental utility beyond political association has also been a factor in the sustained downward pressure.

價格下降歸因於幾個因素，包括令牌的通貨膨脹令牌，市場結構疲軟以及初始發射炒作後投機興趣減少。除了政治關聯之外，缺乏基本效用也是持續下降壓力的一個因素。

Dangerous Liquidity Conditions Create Risk

危險的流動性條件會帶來風險

Adding to investor concerns are the thinly traded liquidity conditions surrounding the TRUMP token. Market data indicates that just $1.3 million in trading volume could move the price by 2% on major exchanges, creating the potential for extreme price volatility and making orderly exits difficult for larger holders.

增加了投資者的擔憂是圍繞特朗普代幣的流動性條件稀少。市場數據表明，僅130萬美元的交易量可以在主要交易所上將價格提高2％，從而使極端價格波動的可能性使大型持有人難以井井有條。

This liquidity problem becomes even more critical as the token’s supply increases dramatically. Wednesday’s unlock represents just the beginning of substantial inflation pressure, with approximately 4.1 million additional TRUMP coins being released daily starting Wednesday and continuing until mid-2028.

隨著令牌供應的急劇增加，這種流動性問題變得更加危急。週三的解鎖僅代表著巨大的通貨膨脹壓力的開始，每天從周三開始釋放大約410萬個特朗普硬幣，一直持續到2028年中。

Technical analysts have identified the $6.80 to $7.00 range as a critical support zone that will determine whether TRUMP can maintain its price during this inflationary phase. A break below this level could trigger another significant leg down, potentially bringing prices below $5.00, according to crypto analyst Crypto Master 786.

技術分析師已將$ 6.80至7.00美元的範圍確定為一個關鍵支持區，這將決定特朗普在此通貨膨脹階段是否可以維持其價格。 Crypto Analyst Crypto Master 786表示，低於此水平的休息可能會引發另一個重大的下降，可能使價格低於5.00美元。

Unverified Rumors Swirl Around Presidential Involvement

未經證實的謠言在總統參與周圍旋轉

As investors grapple with the mounting losses, social media has been abuzz with unverified rumors about a possible event for large token holders being organized by President Trump himself. These claims remain purely speculative and unconfirmed but highlight the unique dynamic of politically-themed cryptocurrencies where market sentiment can be heavily influenced by perceived presidential involvement.

當投資者應對越來越多的損失時，社交媒體充滿了關於特朗普總統本人組織的大型代幣持有人可能發生的事件的謠言。這些主張仍然純粹是投機性和未經證實的，但強調了以政治為主題的加密貨幣的獨特動態，在這些動態中，市場情緒可能受到總統參與的嚴重影響。

The administration has maintained an ambiguous relationship with the cryptocurrency, neither directly endorsing nor disavowing it. This regulatory uncertainty adds another layer of complexity for investors attempting to navigate the token’s future prospects.

政府與加密貨幣保持了模棱兩可的關係，既不直接認可也不拒絕。這種監管不確定性為試圖瀏覽令牌未來前景的投資者增加了另一層複雜性。

The token’s association with political events creates additional unpredictability, as traders like 0xTardio anticipate potential short-term price pumps triggered by bullish political developments, such as the recently announced 90-day global tariff pause. However, these temporary rallies have done little to offset the overall downward trend.

代幣與政治事件的聯繫創造了額外的不可預測性，因為像0xtardio這樣的商人預計，看漲政治發展觸發的潛在的短期價格泵，例如最近宣布的90天全球關稅暫停。但是，這些臨時集會幾乎沒有用來抵消整體下降趨勢。

Inflationary Tokenomics Create Persistent Pressure

通貨膨脹令牌學造成持續壓力

The TRUMP token launched with only 20% of its total supply available, with 10% dedicated to providing initial liquidity. According to the project’s tokenomics, the remaining 80% of the planned 1 billion maximum supply will be released gradually over three years.

特朗普代幣僅在其總供應量中佔20％，其中10％致力於提供初始流動性。根據該項目的標記學，剩餘的10億最高供應量的剩餘80％將在三年內逐漸發布。

Wednesday’s unlock marks the beginning of the accelerated distribution phase. The daily release schedule will add approximately 493,150 TRUMP coins to the foundational team’s holdings each day, potentially creating selling pressure if these tokens are moved to exchanges.

週三的解鎖標誌著加速分配階段的開始。每日發佈時間表將每天為基礎團隊的持股增加約493,150個特朗普硬幣，如果將這些代幣轉移到交易所，則可能會造成銷售壓力。

This extended distribution schedule means that Wednesday’s unlock, while significant, represents just a fraction of the total supply that will eventually enter circulation. The persistent inflationary pressure could present ongoing challenges for the token’s price stability and recovery prospects.

這項擴展的分銷時間表意味著，週三的解鎖雖然很重要，但僅佔總供應最終會進入流通的一小部分。持續的通貨膨脹壓力可能會給令牌的價格穩定和恢復前景帶來持續的挑戰。

Despite the enormous losses and challenging tokenomics, some investors remain hopeful that the political association will eventually drive renewed interest and potential price recovery. However, market analysts caution that the combination of thin liquidity, massive supply increases, and lack of fundamental utility beyond speculation presents substantial challenges for any sustainable recovery.

儘管遭受了巨大的損失和具有挑戰性的令牌學，但一些投資者仍然希望政治協會最終將推動新的利息和潛在的價格恢復。但是，市場分析師警告說，稀薄的流動性，大量供應增加以及缺乏基本效用超出猜測，對任何可持續恢復都帶來了重大挑戰。